news 
Title: 24.45 Million Solana (SOL) Open Interest Hints at Potential Rebound Ahead
As the cryptocurrency market continues to navigate through a turbulent period, investors are searching for signs of hope and potential price movements that could spark a rebound. A recent report from U.Today highlights a crucial development in the Solana (SOL) market that could signal a positive turnaround.
According to the data, Solana’s open interest has reached 24.45 million, which is a significant increase compared to previous levels. This surge could be seen as a bullish sign by investors and analysts alike, indicating a potential rebound ahead.
It’s important to note that Solana’s current price is still below its local high of $196. To test this level once again, it is essential for SOL to hold above the $196 support level.
Source: u.today
